OP_RETURN dissident plans to sell his bitcoin in protest
In one of the most visible protests over yesterday’s OP_RETURN news, a vice president at OCEAN mining pool has promised to sell all his bitcoin (BTC) and stop working in the industry entirely. By October, Jason Hughes will stop working alongside Luke Dashjr and BitcoinMechanic, leaders of an opposition movement to a major change to Bitcoin Core. Yesterday, 31 senior developers signed a letter and scheduled a major change that means Bitcoin Core’s default mempool will relay transactions up to 4MB — an accommodation that will benefit DAOs, oracles, yield-bearing stablecoins, and altcoin exchanges publishing data onto Bitcoin’s ledger. The change could propagate to tens of thousands of full nodes on the next Bitcoin Core software update. When node operators update to Bitcoin Core version 30 in four months, they’ll no longer filter out OP_RETURN outputs exceeding 80 bytes while relaying pending transactions to other nodes. Bitcoin nodes protesting OP_RETU...